Auditors in Wimbledon

According to the new rules there will be more than 100,000 small companies from the requirement to have an audit may raise tax issues. The new audit threshold rules, which come into effect on October 1 and were announced by the Department of Business Innovation and Skills (BIS) earlier in September, mean that small businesses will not need […]

If your business meet the audit threshold, it is highly likely that you will be subjected to an annual statutory audit. In the standard audit reports that accompany financial statements, the auditor’s responsibility is to express their opinion on whether the company’s accounts presents a true and a fair view.